
Is Range Resources (RRC) stock Halal?
September 2026 AAOIFI screening result for Range Resources Corp. (RRC): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 99.59%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Range Resources is an energy company that engages primarily in the exploration and production of natural gas, natural gas liquids (NGLs), and oil. The company focuses predominantly on the Appalachian Basin, one of the most prolific shale gas regions in the United States, which includes the Marcellus and Utica Shales. With a commitment to efficient and responsible resource extraction, Range Resources employs advanced drilling techniques and technological innovations to enhance production capabilities and reduce environmental impact. Before any of that matters to a Muslim investor, one question comes first: is Range Resources stock Halal?
Is Range Resources Shariah compliant?
For a resources company like Range Resources, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.
Does Range Resources pass the business activity test?
Yes. In the September 2026 screening Range Resources holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is Range Resources' income Halal?
Yes, within AAOIFI's tolerance. Range Resources' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.59% tells holders of RRC what share of each dividend to keep and what remainder to donate to charity.
Does Range Resources meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has RRC re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



